1200 Salem Street # 131, Lynnfield MA 01940

Lynnfield, MA 01940
$690,000
2
Beds
3
Baths
2,060
Sq Ft
$335
Price/Sq Ft
1985
Year Built
1
Garage Space
4
Days on Market
Sold Listed Jan 2, 2025 • MLS# 73322362 Copied! • Updated Feb 13, 2025

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Sale Statistics

Sale Overview
Original List Price: $659,900
Final Sale Price: $690,000
Difference: +$30,100 (+4.6%)
Performance Metrics
104.6%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $320
Sale $/sq ft: $335
This property sold for $335 per square foot
Sale Summary

This property sold for 4.6% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$335/sq ft
Area Median
$401/sq ft
Difference
16.4%

This property sold below the area median, potentially representing good value for the buyer.

About this home

"NEW YEAR, NEW HOME!"...Welcome Home to this GORGEOUS END UNIT at CEDAR POND offering 2 Beds, 2 Full Baths & 2 Half Baths..Welcoming FOYER w/Tile Floor..NEW BEAUTIFUL WHITE KITCHEN w/Custom Cabinets, Granite Counters, SS Appliances & HW Floors..FORMAL DINING ROOM w/HW Floors..SUNKEN LIVING ROOM w/GAS FIREPLACE, Vaulted Ceilings & Recess Lighting..SITTING AREA w/SLIDER leading to NEW COMPOSITE DECK overlooking POND..1/2 BATH w/Vessel Sink...2ND FLOOR offers 2 GOOD SIZED BEDROOMS including MASTER BED w/WALK-IN CLOSET & MASTER BATH w/TILED TUB & SHOWER w/Bath Seat..FULL BATH w/Shower Stall & Washer/Dryer Hook-ups on 2nd Floor...LOWER LEVEL offers GOOD SIZED FAMILY ROOM w/PELLET STOVE & Recess Lighting w/Gym/Office Area w/SLIDER to PRIVATE PATIO..1/2 BATH on Lower Level..1-CAR ATTACHED GARAGE plus 1 Off-Street Parking..OPEN FLOOR PLAN..NEW GAS HEAT..Amenities: Pool, Clubhouse, Gym, Tennis Courts, Bocci..Convenient to Rt 1, 128, 95..A PLEASURE TO SHOW!**1ST SHOWINGS Sat 1/4 & Sun 1/5 11-1pm

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Recently Sold Nearby

Property History

Market Insights

4.4%
Price Range
5
Total Days on Market

Property Timeline

✓
Sold
Feb 13, 2025
$690,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Jan 2, 2025
$659,900
Original listing
Agent: Regina Paratore Office: RE/MAX 360

Tax History

Year Taxes Assessment
2024 $5,196 $569,700

Financial Details

Annual Property Tax
$5,196
Tax Year 2024
HOA Fee
$605
Per month
Assessed Value
$569,700

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 2,060 sq ft
Bedrooms 2
Full Baths 2
Half Baths 2
Total Rooms 6

Interior

Heating Natural Gas, Electric
Cooling Central Air
Flooring Carpet, Laminate, Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace Living Room
Fireplaces 2
Basement Y
Laundry Dryer Hookup - Electric, Washer Hookup, Second Floor, In Unit, Electric Dryer Hookup
Features Open Floorplan, Slider, Bathroom - Full, Bathroom - With Shower Stall, Sitting Room, Bathroom

Exterior

Construction None
Architecture None
Roof Shingle
Features Porch, Deck - Composite, Patio
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Porch, Deck - Composite, Patio
Garage Spaces 1
Has Garage Yes
Features Attached, Garage Door Opener, Storage, Off Street
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer
Annual Tax $5,196
Assessed Value $569,700

HOA & Community

HOA Fee $605
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Amenities Pool, Tennis Court(s), Fitness Center, Clubhouse
Optional Fee Includes None
Seller Disclosures Lynnfield Address...peabody Utilities Including Electric, Gas & Re Taxes
Possession None
Accepted Financing None
Structure Type ["Townhouse"]
Unit/Building 131
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 5 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
2
Living Area
2,060 sq ft
Total Rooms
6
Stories
3
Entry Level
1

Floor Layout

Interior Features

Flooring: Carpet, Laminate, Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features: Open Floorplan, Slider, Bathroom - Full, Bathroom - With Shower Stall, Sitting Room, Bathroom
Windows:
Basement: Y
Laundry: Dryer Hookup - Electric, Washer Hookup, Second Floor, In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1985
Structure Type: Townhouse
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas, Electric
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck - Composite, Patio
Patio & Porch: Porch, Deck - Composite, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Attached, Garage Door Opener, Storage, Off Street

Special Features

Fireplaces: 2
Fireplace Type: Living Room
Community Amenities:
School District
Peabody School District local
C-
✓ School Safety 2024-25
2.1% Average
1.9% Suspensions 1.7% In-School 0.2% Emergency
↓ 3.4% below state avg
E

Elementary Schools

3 schools
C+
Capt. William G. Shoemaker Elementary School
0.9 mi | #545 of 825 | Score: 43.3
Improved 7 spots from last year
-15 below state avg
363 students Diverse
Diverse Student Body
Grades PK-05
Our Lady of the Assumption School
0.9 mi
Grades PK-08
C
John E. McCarthy School
1.7 mi | #614 of 825 | Score: 39.9
Dropped 36 spots from last year
-18.3 below state avg
323 students Diverse
Diverse Student Body
Grades K-05
M

Middle Schools

3 schools
C+
J. Henry Higgins Middle School
2.5 mi | #235 of 352 | Score: 37.4
Improved 10 spots from last year
-20.8 below state avg
1,271 students Diverse
Grades 06-08
C+
Pickering Middle School
2.6 mi | #229 of 352 | Score: 38.5
Improved 78 spots from last year
-19.7 below state avg
539 students Diverse
Rising School
Grades 06-08
A
Lynnfield Middle School
3.4 mi | #59 of 352 | Score: 55.5
Improved 33 spots from last year
-2.7 below state avg
710 students Moderate
Rising School Strong Attendance
Grades 05-08
H

High Schools

3 schools
Bridgewell Program
0.8 mi
Grades 09-12
C
Peabody Veterans Memorial High School
2.0 mi | #259 of 346 | Score: 46.4
Same rank as last year
-11.8 below state avg
1,234 students Diverse
19 sports • 1,614 athletes
Career Tech Programs Strong Athletics
Grades 09-12
A
Lynnfield High School
2.7 mi | #56 of 346 | Score: 66.4
Dropped 35 spots from last year
+8.2 above state avg
582 students Moderate
18 sports • 1,490 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

1200 Salem Street # 131, Lynnfield MA 01940

Lynnfield, MA 01940

Listing Information

Listing Agent Regina Paratore
Listing Office RE/MAX 360
Office Phone 978-535-3122
Agent MLS ID C8000796
Office MLS ID AN8815
Listing Data Updated Feb 13, 2025 12:31 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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